Deals of the year Retail

Newsroom 11/12/2013 | 06:00

Romania’s market for mergers & acquisitions (M&A) has remained at around EUR 1 billion in 2013, driven by deals in the banking and renewable sector, although big investors have held back and are carefully planning moves for next year, say deal makers.

By Ovidiu Posirca


Samdam buys Ranco from RTC Holding

Value of transaction: Not made public

Legal team, buyer: Not made public

Legal team, seller: Not made public

Samdam Gifts, a distributor of promotional products, took over the Ranco business of RTC Holding, founded by Romanian businessperson Octavian Radu. Following the acquisition, Samdam aims to reach a turnover of EUR 3 million.


Two Hornbach group companies complete merger by absorption

Value of transaction: Not made public

Legal team, buyer: bpv Grigorescu Stefanica

Legal team, seller: Not made public

Hornbach, the German DIY store chain and one of the largest retailers of construction and gardening materials in Romania, completed a group restructuring process. The merger included Hornbach Centrala (absorbing company) and TIM HB (absorbed company). It was completed by the takeover of the entire assets of the absorbed company.


Tymbark Maspex acquires Pan Group

Value of transaction: Not made public

Legal team, buyer: Bulboaca & Asociatii

Legal team, seller: In-house lawyers

Food and beverage maker Maspex – GMW Sp. z o.o. S.K.A Poland and Tymbark Maspex Romania took control over some of the activity of Pan Group, a major Romanian bakery producer, by purchasing the assets and corresponding business related to salty and sweet biscuits and packed cookies.


Kingfisher takes over local Bricostore operations

Value of transaction: Not made public

Legal team, buyer: PeliFilip, Freshfields Bruckhaus Deringer (international counsel)

Legal team, seller: CMS Bureau Francis Lefebvre

British home improvement retailer Kingfisher acquired the 15 Bricostore stores operated by French company Group Bresson locally, with plans to further grow the business to around 50 stores in the longer term. As a response to the Betting Industry being heavily affected by the corona virus due to postponed sports events operators search for alternatives. Australia-Casino reports that BetFair casino has introduced betting on local property and house rates as new betting markets parallel to introducing more betting opportunities on eSports and Virtual Gaming. Land-based casinos all over the world, from Vegas to Macau, were among the first to close as a result of the Coronavirus and MGM Resorts are among those that have had to suspend their operations in several locations and reduce their workforce.


JYSK buys two furniture makers

Value of transaction: Not made public

Legal team, buyer: D&B David and Baias

Legal team, seller: Not made public

Danish JYSK, a retail chain selling home items, acquired two companies active in the furniture sector, one Romanian and the other Bulgarian. The retailer currently has more than 2,050 stores in 35 countries worldwide.


Comfert and Popas Trebes take over Pambac

Value of transaction: over EUR 10 million, according to media sources

Legal team, buyer: Not made public

Legal team, seller: Not made public

Romanian Comfert and Popas Trebes, two companies active in the agriculture sector, acquired Pamabac, one of the biggest players in the bakery field. The two buyers have a combined turnover of EUR 150 million, while Pambac’s business hovers at around EUR 43 million.


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